Morning brief 04/08/2025
GLOBAL MARKET
43,588.58
1D -1.23%
YTD 2.45%
6,238.01
1D -1.60%
YTD 6.06%
20,650.13
1D -2.24%
YTD 6.94%
20.38
1D 21.89%
9,068.58
1D -0.70%
YTD 10.96%
23,425.97
1D -2.66%
YTD 17.66%
7,546.16
1D -2.91%
YTD 2.24%
69.34
1D -2.99%
YTD -7.61%
3,348.43
1D 1.65%
YTD 27.07%
U.S. stocks plunged on Friday (August 1) after the July 2025 jobs report showed the economy added only 73,000 jobs last month, far below the 100,000 increase forecast by economists surveyed by Dow Jones. This data sent the Dow Jones tumbling nearly 550 points — marking its steepest drop since mid-June 2025.
VIETNAM ECONOMY
5.40%
1D (bps) 202
YTD (bps) 143
4.60%
2.92%
1D (bps) -1
YTD (bps) 44
3.08%
1D (bps) -22
YTD (bps) 23
26,400
1D (%) 0.08%
YTD (%) 3.32%
30,730
1D (%) -0.08%
YTD (%) 12.70%
3,685
1D (%) -0.43%
YTD (%) 3.48%
Global oil prices have fallen sharply by nearly 3% since Friday, after OPEC+ agreed to another significant production increase in September.
VIETNAM STOCK MARKET
1,495.21
1D -0.49%
YTD 18.03%
264.93
1D -0.53%
YTD 16.49%
1,614.11
1D -0.07%
YTD 20.03%
106.46
1D 0.63%
YTD 11.99%
-2,488.46
46,541.00
1D -5.02%
YTD 156.70%
VN-Index experienced sharp volatility during index rebalancing, amid heavy foreign net selling pressure totaling VND2,500 billion. Domestic proprietary traders reversed course to a net buy of VND360 billion, mainly in VPB (VND116 billion), PNJ (VND95 billion), and FPT (VND73 billion). In contrast, they recorded net sales in VIB (VND180 billion), MWG (VND28 billion), and BSR (VND27 billion).
INTRADAY
VN30 (12M)
SELECTED NEWS
- U.S. has imposed a 20% tariff on Vietnamese exports, prompting the textile and seafood industries to seek new opportunities to maintain market share;
- The proposal to levy a 20% tax on real estate transaction profits has been withdrawn, keeping the current rate of 2% on the transfer value;
- Long Thanh Airport is expected to welcome its first flight on December 19;
- The Federal Reserve may cut interest rates by 50 basis points in September to make up for lost time;
- The IMF has raised its forecast for China’s economic growth in 2025 to 4.8%;
- China has temporarily suspended investments in U.S. companies.
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